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See how verdicts work2-bedroom flat · RG24 9FB
For saleListed 488 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** 68% shared ownership *** Fantastic opportunity to purchase this well presented 9th floor two bedroom apartment located with easy access to the town, walking distance to the hospital and M3 links.
The property offers a spacious kitchen/living/dining area with stunning views, two bedrooms and a family bathroom. Further benefits include gas central heating, lift and allocated parking space.
Situated just outside of the popular Rooksdown area, the property is just under 3 miles away from the Basingstoke Town Centre which houses the Festival Place Shopping Centre offering a wide range of shops, restaurants, bars, cafes and leisure and entertainment facilities.
Also located within the Town Centre is the mainline Train Station to London Waterloo and the Basingstoke Bus Station.
Within the local area there are shops, schools, parks and open space as well as being within walking distance to the North Hampshire Hospital. There is also easy access to the M3 and A30 via car.
Ground rent £12.50 monthly (£150pa) Service Charge £156.55 monthly (£1878.60pa) Rent £82.22 monthly
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 901 Pemberley Place,, Priestley Road, Hampshire
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